Улаанбаатар
Budget Frameworks for 2017 and assumptions for 2018-2019 submitted
PoliticsUlaanbaatar /MONTSAME/ Head of the Cabinet Secretariat S.Bayartsogt submitted April 28 the draft of Budget Frameworks for 2017 and the Budget Assumptions for 2018-2019 of Mongolia to the Chairman of the State Great Khural Z.Enkhbold.
The draft has two articles, which provide the bases for estimations of expenditure limits for 2017 state budget and 2018-2019 medium-term expenditure limits.
Economic growth of the developing countries in Asia are speculated to slow down in 2016-2018, according to analysts. Actual economic growth of Mongolia is expected to be about 5 percent for the next three years, with greater growth in agriculture and services.
